Global Light Therapy Market Size & Outlook, 2023-2030
The light therapy industry worldwide is expected to reach a projected revenue of US$ 1,443.9 million by 2030. A compound annual growth rate of 4.7% is expected of the worldwide light therapy industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,047.7
Forecast, 2030 (US$M)
$1,443.9
CAGR, 2024 - 2030
4.7%
Report Coverage
Worldwide
Global light therapy market, 2018-2030 (US$M)
Related Markets
Global light therapy market highlights
- The global light therapy market generated a revenue of USD 1,047.7 million in 2023 and is expected to reach USD 1,443.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.7% by 2030.
- In terms of segment, handheld devices for skin treatment accounted for a revenue of USD 281.9 million in 2023.
- Handheld Devices for Skin Treatment is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,047.7 million |
| Market revenue in 2030 | USD 1,443.9 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Handheld devices for skin treatment |
| Fastest growing segment | Handheld Devices for Skin Treatment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Box, Floor and Desk Lamps, Light Therapy Lamps, Handheld Devices for Skin Treatment, Light Visor, Dawn Simulator |
Other key industry trends
- In terms of revenue, the North America accounted for 36.1% of the global light therapy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 8.4 million by 2030.
Handheld devices for skin treatment was the largest segment with a revenue share of 26.91% in 2023. Horizon Databook has segmented the Global light therapy market based on light box, floor and desk lamps, light therapy lamps, handheld devices for skin treatment, light visor, dawn simulator covering the revenue growth of each sub-segment from 2018 to 2030.
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Light Therapy Market Scope
Light therapy market segmentation & scope
Light Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global light therapy market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Light therapy market report size, 2023 (US$M)
Global light therapy market report share, by product, 2023 & 2030 (%, US$M)
Light therapy market: Opportunity assessment by country
Global light therapy market, by region, 2023 (US$M)
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